> Drugstore owner The Walgreen Co. ($WAG) will buy the 55% stake in U.K. retailer Alliance Boots that it does not own but has decided against moving its legal domicile to Europe in a tax inversion plan. Story (sub. req.)

> Cubist Pharmaceuticals ($CBST) has recalled vials of its antibiotic Cubicin after glass particles were found in some. Story

> U.S.-based generic drugmaker Alvogen says it will pay $187 million in cash for South Korea's Dream Pharma. Story